Nothing ropes in Hemant Kundavaram as India CFO to fuel growth

NEW DELHI: London-based technology firm Nothing has named Hemant Kundavaram as chief financial officer for its India unit, bolstering its leadership bench in what has become the company’s most critical market.

A chartered accountant with more than 20 years’ experience across Ford India, IBM, Thomson Reuters, Rockwell Collins and, most recently, PMI Electromobility, Kundavaram will spearhead fundraising, capital-market strategy and investor relations for the brand.

“Nothing’s journey so far has been remarkable. I’m excited to build a strong financial foundation that complements fast-paced growth and strengthens the brand’s India vision,” said Kundavaram.

Nothing co-founder & India president Akis Evangelidis called India “at the core” of the firm’s global ambitions. “Hemant’s proven expertise will be instrumental as we scale rapidly and deepen our presence in India,” he added.

The hire marks Nothing India’s second major leadership appointment after Evangelidis took charge as president. The smartphone maker has clocked a blistering 146 per cent year-on-year growth in Q2 2025, making it the fastest-growing brand in the segment for six consecutive quarters, according to Counterpoint Research.